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Q: Big4 - Yearly salary increment

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  #18771 (permalink)  
Old 22-07-2024, 11:23 AM
EDMW_BBFALoser
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The reason I resigned is because I am concerned that the Gen Z associates and clients will jeopardise my career.

Firstly, Gen Z associates don't prioritise deadlines.
Secondly, clients care a lot about meeting deadlines.

Given this situation, I decided to resign as manager to protect my career from potential jeopardy caused by these two groups.
Client wants asap means asap.

Its stressful as hell. Thats at least how i see my work

For auditors, usually dont go by deadline

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  #18772 (permalink)  
Old 22-07-2024, 11:34 AM
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Not sure what the audit industry will be like 10 years from now. It’s already heavily dominated by foreign talent, ard 60% holding senior positions. Maybe more operations will be outsourced overseas and the proportion of locals might drop to 20%.
I dont forsee much changes other than what you say over here.

Given constraint of resources, i think audit quality will severely suffer due to usage of foreign manpower and alot of working files will be archived without satisfactory completion

At the same time, i predict ACRA PMP reviewing standard will not tighten

They used to catch alot of errant Pubic Accountants last time

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  #18773 (permalink)  
Old 22-07-2024, 11:39 AM
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For the PBC list, should the associates and seniors request the necessary documents from the clients, or should the audit manager handle this task?

Whose job scope does this fall under?
Usually audit manager very busy

Associates will usually do piecemeal PBC
Clients will get pissed off if piecemeal PBC

Associate prepare PBC, mgr check thru then send out to client

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  #18774 (permalink)  
Old 22-07-2024, 11:45 AM
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My audit partner last time always say PBC

PBC = Punches By Commando

Yishun Special Forces Counter Terrorist Commando in library = 1 punch 1 kill

So your audit PBC should NOT be piecemeal

s://.mrbrown.com/blog/2013/10/plainclothes-commando-siol.html
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  #18775 (permalink)  
Old 22-07-2024, 01:03 PM
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Blue has it. But depends on whether your manager approves it
I'm from blue and was in the same scenario OP mentioned. Didn't get approved. I think only tax or consulting or tech or HR gets to enjoy those kind of benefits. Never heard of auditors getting it unless they're senior managers or managers close to promotion.
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  #18776 (permalink)  
Old 22-07-2024, 01:24 PM
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for fresh grad, audit vs govt (finance dept with some analytics)? leaning towards the latter but the comments on this post makes me hesitate

https://www.reddit.com/r/askSingapore/comments/1e6q483/big_4_audit_or_government_sector/
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  #18777 (permalink)  
Old 22-07-2024, 02:59 PM
EDMW_BBFAloser
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I'm from blue and was in the same scenario OP mentioned. Didn't get approved. I think only tax or consulting or tech or HR gets to enjoy those kind of benefits. Never heard of auditors getting it unless they're senior managers or managers close to promotion.
Go job hop during the year la

Get a holiday plus can get pay increment

How you know their firm structure, soft infrastructure, processes and policies is correct until you job hop right lol
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  #18778 (permalink)  
Old 22-07-2024, 03:21 PM
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revised salary for blue?
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  #18779 (permalink)  
Old 22-07-2024, 04:31 PM
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There are many new startup companies from overseas investors willing to pay higher audit fees for my services. Their accounts are not large or complex, given that they are startups. They are actually willing to pay several times more than my high-risk existing local clients.

Considering this, I am seriously contemplating serving these overseas startup companies instead of continuing with the high-risk local clients' audits. I believe it might be best to resign and give up my current audit portfolio.
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  #18780 (permalink)  
Old 22-07-2024, 07:06 PM
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There are many new startup companies from overseas investors willing to pay higher audit fees for my services. Their accounts are not large or complex, given that they are startups. They are actually willing to pay several times more than my high-risk existing local clients.

Considering this, I am seriously contemplating serving these overseas startup companies instead of continuing with the high-risk local clients' audits. I believe it might be best to resign and give up my current audit portfolio.
Could be bff of fujian gang

Due diligence risk very high huan

Sell people one consultancy fee 1 million sgd by random tan ah kow from ah tan side
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